About TBIAX
Nuveen Bond Index Fund I is an institutional-class mutual fund dedicated to tracking the performance of a broad, investment grade bond market benchmark. Its primary purpose is to deliver total return, primarily from income, by investing in a diversified array of high-quality, U.S. dollar-denominated debt securities. The fund primarily tracks the Bloomberg U.S. Aggregate Bond Index, ensuring alignment with the risk and return characteristics of the broader U.S. investment grade bond universe. Holdings span U.S. Treasury securities, government-related bonds, investment-grade corporate debt, and select securitized assets, with a modest allocation to foreign bonds included in the benchmark. Employing a sampling technique, the fund closely replicates the index’s essential features while remaining highly diversified, with thousands of holdings and minimal concentration in any single issuer. With a moderate credit quality and interest rate sensitivity profile, Nuveen Bond Index Fund I plays a vital role in multi-asset portfolios by offering core fixed income exposure, income generation, and capital preservation potential. Its low expense structure and transparent, rules-based approach make it a foundational option for institutional investors seeking efficient access to the U.S. bond market.
Fund Family Nuveen
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol TBIAX
Share Class Class I
Index Bloomberg U.S. Aggregate Bond TR
TBIAX had a total return of -1.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.33%.
